Wednesday, September 8, 2010

Geo436.com blog: Asian stocks tumble as dollar hits new 15-year low

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Geo436 HONG KONG: Asian stocks tumbled on Wednesday after Wall Street was spooked by fresh concerns over European banks while Japan’s exporters fell as the dollar slipped to another 15-year low against the yen. Tokyo plunged 2.18%, or 201.40, to 9,024.60 as the yen hit 83.33 to the dollar. Sydney shed 0.79%, or 36 points, to close at 4,537.2 and Shanghai slipped 0.64%


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